Streetbeat News

Price Targets

ZG

Piper Sandler analyst Thomas Champion maintains an Overweight rating on Zillow Group (ZG) and raises the price target from $58 to $70.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 7:19 pm

SE

Citigroup analyst Alicia Yap has upgraded Sea (NYSE:SE) from Neutral to Buy and increased the price target from $44 to $50, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 7:02 pm

PSX

Four analysts have recently updated their ratings on Phillips 66 (NYSE:PSX), all maintaining a somewhat bullish stance with no changes in the last 30 days. The average 12-month price target for PSX has been raised to $152.00, indicating a 9.95% increase from the previous target of $138.25. Analysts from Wells Fargo, Raymond James, and TD Cowen have raised their price targets, reflecting optimism about the company's future performance. Despite this, Phillips 66 faces challenges with a revenue decline of -11.82% as of September 30, 2023, and below-average net margin, ROE, and ROA, indicating potential profitability and efficiency issues.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 7:01 pm

NTST

Five analysts have recently shared their views on Netstreit Corp (NYSE:NTST), showing a mix of bullish to bearish sentiments. Over the past three months, ratings have shifted, with no changes in the last 30 days. The average 12-month price target for NTST has decreased to $18.00 from $19.33. Analysts from firms like Wolfe Research, Exane BNP Paribas, Keybanc, Truist Securities, and BTIG have updated their ratings and price targets, reflecting various market conditions and company performance. Netstreit, a real estate investment trust, has seen a 30.31% revenue growth but struggles with below-industry net margin, ROE, and ROA, despite a prudent debt management strategy.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 7:00 pm

GIB

RBC Capital analyst Paul Treiber has maintained an Outperform rating on CGI INC (TSX:GIB) and increased the price target from C$155 to C$170.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 6:57 pm

GIB

BMO Capital analyst Thanos Moschopoulos has maintained an Outperform rating on CGI INC (TSX:GIB) and increased the price target from C$155 to C$170.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 6:54 pm

COIN

Coinbase, a leading cryptocurrency exchange, has announced a reduction in trading fees for its high-volume traders. This strategic move is aimed at attracting more institutional investors and high-net-worth individuals by making it more cost-effective for them to trade large volumes of cryptocurrency. The decision reflects Coinbase's efforts to enhance its competitiveness and market share in the rapidly evolving digital asset trading landscape.

Portfolio Pulse from Charles Gross

February 01, 2024 | 6:39 pm

QCOM

Keybanc analyst John Vinh maintains an Overweight rating on Qualcomm (NASDAQ:QCOM) and raises the price target from $165 to $180.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 6:22 pm

PTC

Keybanc analyst Jason Celino maintains an Overweight rating on PTC (NASDAQ:PTC) and raises the price target from $190 to $205.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 6:18 pm

MTCH

Keybanc analyst Justin Patterson maintains an Overweight rating on Match Group (MTCH) and raises the price target from $48 to $50.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 6:16 pm